Currency Market Update: May 28th 2026 - Dollar Strength Grows as Middle East Tensions Escalate

Currency Market UpdateGold prices have hit a two-month low, as air strikes were traded between the US  and Iran in the early hours of this morning, creating further doubt that a peace deal was close. 

This has left markets on edge over the possible continued inflationary impact of this war.

Iran launched strikes against a US base in Kuwait, as retaliation for previous attacks on a Southern Iran site.

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